Shares of Sanghvi Movers rallied more than 9% in early trade on May 21 after the company reported strong growth in revenue and profit for the March quarter (Q4FY26).
As of 9:19 AM, Sanghvi Movers shares were trading near the day’s high after opening at ₹351.75 compared to the previous close of ₹322.10. The stock touched an intraday high of ₹356.75 and a low of ₹342.30. Live traded volume stood at over 5.02 lakh shares.
The company reported consolidated revenue of ₹351 crore for Q4FY26, up 31.4% from ₹267 crore in the corresponding quarter last year. EBITDA increased 25.5% year-on-year to ₹134 crore from ₹107 crore.
EBITDA margin came in at 38.2% compared to 40.0% in the year-ago period, indicating a marginal decline in operating margin despite higher earnings growth.
Net profit rose 27.8% to ₹68.8 crore in the March quarter, compared to ₹53.8 crore reported in the same period last year.
The strong quarterly performance supported investor sentiment, pushing the stock sharply higher in morning trade. However, the stock still remains below its 52-week high of ₹411.90. Its 52-week low stands at ₹223.80.
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